1508 Greenbay Dr

• Metal Roof: Durable and long-lasting metal roof, adding approximately $10,000 in value due to longevity and reduced maintenance. • Quartz Countertops: Modern quartz countertops in the kitchen, adding approximately $3,000 in value due to durability and aesthetics. • Stainless Steel Appliances: Matching stainless steel appliances in the kitchen, adding approximately $2,000 in value due to modern appeal and functionality. • Updated Bathroom: Modern bathroom with updated fixtures and finishes, adding approximately $4,000 in value. • Metal Roof • Quartz Countertops • Stainless Steel Appliances • Laminate Flooring • Recessed Lighting • Price Position: At $338.59 per square foot, the property's price is relatively high. However, without comparable sales data, it's difficult to assess whether this is justified by the property's features and location. • Appreciation Trend: The property's value has fluctuated significantly over the past two decades, with periods of decline followed by substantial increases. This volatility makes it difficult to predict future appreciation. • Potential Equity: Property could be worth up to $17,000 more than the asking price • Rental Income: $1,906/month with 99% occupancy (0.1% cap rate) • Schools: The 5/10 rating of Matilda Dunston Elementary School has a neutral impact on property values. The lower ratings of the middle and high schools may slightly depress property values compared to areas with higher-rated schools. • Future Development: The property description mentions proximity to the vibrant Park Circle area, suggesting ongoing commercial development and increasing amenities nearby. This is likely to positively impact property values. • Good natural light throughout the main living areas and bedrooms due to ample windows.